What was the relationship between economic surprises and the $6-$month percentage change in the S&P $500$ from $2009$ through the end of $2012?$

When economic surprises were positive the S&P $500$ followed with a decline and when economic surprises were negative, the S&P $500$ followed with a rally.

When economic surprises were positive, the S&P $500$ followed with a rally and when economic surprises were negativen the S&P $500$ followed with a decline.

There does notappear to be any correlation between economic surprisestand the: return on the S&P $500.$

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